GlobeSt.com EXCLUSIVE: Building Costs Climb Despite Tense Times

DALLAS-Building costs, up .33% in Q3, will rise through year's end despite the tumultuous times, predicts Dallas-based Turner. It's a given that developers will table projects and others will stay alive. For Turner, the hard-hats are out in full force in NYC.

Commercial brokerage firm CBRE reported the transaction involved the purchase of seven buildings totaling approximately 82,000 square feet by one buyer in a sale-leaseback deal, while two other buildings that had recently been vacated by YCS were acquired by two separate purchasers.